Archive for the February 22, 2019
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Russian investigators formally charged US investor Michael Calvey with fraud on Thursday following his controversial arrest, his lawyer said. Investigators presented Calvey with the indictment on the charge of large-scale fraud as part of an
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ICE cotton futures were mostly unchanged on Wednesday, as investors looked forward to the weekly exports sales report by the US Department of Agriculture (USDA) and kept a close watch on US-China trade talks for
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Copper prices slipped from seven-month highs on Thursday as the dollar firmed and investors cashed in gains from a rally in the previous session fuelled by falling inventories. The dollar found strength in minutes from
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Oil prices sank below recent 2019 highs as US government data on Thursday showed a sharp build in crude stocks and record production, while concerns about slowing global economic growth weighed on the market. Supply
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Tokyo Commodity Exchange (TOCOM) futures, which set the tone for rubber prices in Southeast Asia, fell on Thursday, snapping a 3-day rally and sliding from a 9-month high, as investors took profits from the recent
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Malaysian palm oil futures recovered from a one-month low on Thursday, tracking strength in US soyaoil and snapping two sessions of declines. The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives
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Arabica coffee futures on ICE fell to a two-month low on Thursday as ample supplies following a huge crop in Brazil in 2018 kept the market on the defensive while sugar and cocoa prices also
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Palladium jumped above the $1,500 per ounce mark for the first time on Wednesday, propelled by a stark supply deficit, while gold steadied near a 10-month peak as doubts lingered over future rate hikes after
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Gold was trading below the previous session's 10-month peak on Thursday as the dollar gained after minutes from the last US Federal Reserve meeting rekindled expectations of another rate hike this year. Investors were also
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Gold slipped on Thursday from a 10-month high hit in the previous session after minutes from the US Federal Reserve's last meeting kindled expectations of an interest rate hike this year, while palladium fell from
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